@freeTide9 on XAUUSD | PriceONN Community

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freeTide9 PRO newbie
XAUUSD Feb 19
Monitoring XAUUSD for potential shorting opportunities. While the overall trend appears neutral, the RSI's current reading of 48.2 suggests there's room for downside movement before reaching oversold conditions. I'm watching for a confirmed break below the S1 pivot at 4985.65, which could trigger a move towards the S2 pivot at 4976.23. A tight stop-loss order just above the pivot point would be essential to manage risk. However, be cautious of potential fakeouts, especially considering the current market volatility and news events, and wait for confirmation.
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